Man Group Adds $19M in Bloom Energy Corporation ($BE)
Key Points
- Man Group changed its Bloom Energy Corporation ($BE) stake by 28.2% last quarter, boosting to 327,291 shares worth $87.58 million.
- Wall Street's consensus rating on $BE is Buy and an average price target of $263.13.
- $BE last traded around $267.59.
Man Group increased its position in Bloom Energy Corporation ($BE) by 28.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 327,291 shares of Bloom Energy Corporation after buying 72,091 shares during the quarter. Man Group's holdings in Bloom Energy Corporation were worth $87.58 million as of its most recent filing.
Bloom Energy Corporation ($BE) Stock
Bloom Energy Corporation Earnings
Analysts Set New Price Targets
About Bloom Energy Corporation
Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. It offers Bloom Energy Server, an energy server platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through a non-combustion electrochemical process. The company also provides Bloom Electrolyzer for producing hydrogen. It sells its products through direct and indirect sales channels to utilities, data centers, retail, healthcare, education, telecom, manufacturing, and other industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.